OUR ONLY GOAL IS TO HELP YOU SUCCEED

Moneyhouse Success Stories share the personal successes of people just like you and how we helped them realize their dreams.

It was a time that was very hard for us. It was full of constant worry. What’s going to happen with our economy? How are we going to make next month’s mortgage payment when our only income is our social security and retirement? So the worry was constant. But now it’s different. Now we sleep happy and relaxed. And all because we saw that Moneyhouse ad in the newspaper and the one on TV and decided to call. Juan at Moneyhouse listened to us and treated us very well. That’s never happened before when we went to a bank. In less than a month Moneyhouse called us to come in to sign the paperwork. Things were very difficult but now things are very good. We used to pay a mortgage of $621 a month and now we don’t pay anything. And the house is still ours. We went to Moneyhouse sad…and came out happy. People our age should talk to Moneyhouse because we all deserve to sleep with no worries. Thank you, Moneyhouse.

Crespo Marie Yashi

It was a very tough time. I was about to lose my house. I saw myself on the street and I have a lot of dogs; 10 actually. That made it even tougher. I suffered a lot. Then a friend told me about Moneyhouse and I realized this is what I needed to do. When I went to Moneyhouse, they helped me. They were very attentive and listened to my story. Going to Moneyhouse was the best advice anyone has ever given me. So I applied for a Reverse Mortgage and got it! Not many people know that you can buy a house with a Reverse Mortgage but that’s exactly what I did. I think the people at Moneyhouse enjoyed the process of me buying this house even more than I did. They were all so excited for me, that I even went back to show them pictures of my new home. Everybody celebrated. And the whole process was fast, fast, fast. Under a month. My life truly started to change. I owe my peace of mind and happiness to Moneyhouse. My life has changed and I feel happy with my dogs out in the country. Moneyhouse truly saved my life. Oh, and the best part? I don’t have to pay a penny for my mortgage.

Zenaida Rosario

How has my life changed after making the decision to choose Moneyhouse for my Reverse Mortgage? I can honestly say, that for the first time in years, I am now truly happy. Happy & joyful. My children congratulated me because they saw all the burdens that had been lifted from my life. Besides living mortgage free, I paid off medical bills and two credit card debts that would just not go away. And getting approve and signing the papers took less than 15 days. Moneyhouse came through for me in a big way. If I didn’t live it, I don’t know if I’d believe it.

Louis Encarnacion Diaz

I couldn’t sleep and I had no idea what to do. I was desperate. This is never a good combination. Throughout my life I have always dealt with my problems and the problem I was having needed to be solved. Fast. I was going on year 4 of being laid off from my project management job in the construction industry when I was facing foreclosure and my parent’s had serious, long-term health conditions which kept me from continuing to seek new employment. My dad had diabetes, high blood pressure, kidney problems and he and my mom both had dementia. My priest told me about a Moneyhouse Reverse Mortgage as a possibility that could help my situation. The more I looked into it, the more good things people to say about Moneyhouse. But the truth is, what I heard about Moneyhouse turned out not to be true. It was even better.

Moneyhouse didn’t waste my time. They listened, they cared and they made sure I understood the process and the product every step along they way. My house was in foreclosure and Moneyhouse not only saved it they also empowered me to help my parents with their failing health situations. Everything in my life changed for the better. And I have Moneyhouse to thank for that.

Deirdre Ladyi Bahamonde

Seven years ago, I had to go on disability from my job as a regional sales director in the pharmaceutical industry. My wife and I are both 63 and have each had some health problems so our health costs became a big issue for our family. I also had a heart operation not so long ago so now I’m working with three different doctors to help me through all this. Luckily our daughter goes to University nearby so she’s been a big help through all this.

We really needed to find a way to cover our medical costs so we looked at a reverse mortgage. We were scared that if we took out a reverse mortgage our children would have nothing to inherit. But Ana at Moneyhouse explained how this worked and that our kids still have certain rights.

The reverse mortgage allowed us to get rid of our monthly mortgage payments, and pay off some medical bills. It even provided some cash so we could help our daughter purchase car, which she needed to get to work. She always wanted a red Volkswagen GTI so I found a pretty good used one for her. It was a college graduation present. It felt good to finally be able to help her for a change.

The Reverse Mortgage really helped us to get rid of our monthly payments and live more comfortably knowing our medical bills are taken care of.

Aztin Oliveras Colón

When my husband died I found myself alone with three children all under 15 and I was living on a nurse’ salary. Six years later, I remarried to Brad, a widower with three boys. Suddenly we were a family of eight including six teenagers under one roof. Our friends said we were The Brady Bunch and I would say, ‘No, we don’t have Alice, the cleaning lady.

Not surprisingly, after getting some of the kids through private schools and 5 of the 6 kids through college, we couldn’t save for retirement. Even downsizing from a house to a condo didn’t help. We tried to live on my public school teacher’s pension and both of our Social Security pensions. But we were still just scraping by on a daily basis.

My daughter, Charlotte, the oldest of the bunch is Executive Vice President of Lending at the Mellon Savings Bank and learned about a new product – a reverse mortgage. She gathered all the kids and discussed Alex and I utilizing the equity in our home now instead of passing it on to them. They agreed we should do it, unanimously.

We paid off $90,000 mortgage on our home, lowering our monthly expenses and maintain a substantial line of credit. It’s a great advantage to live on a fixed income and not have to worry about bills every month anymore.

Luz Berrios

Puerto Rico’s Power 100 2017 Top 100 Companies— Caribbean Business

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Success Stories

Herman Yashi Crespo

"We used to pay a mortgage of $621 a month and now we don’t pay anything."Click to read more